Nord/LB Announces Buy Rating for Diamler AG (DDAIF)
Published On Dec 31, 2015
Nord/LB on Monday released its latest research note, 'MarketBeat Ratings', in which it maintained their buy rating on shares of Daimler AG.
On October 5 this year, JP Morgan Chase & Co. reissued buy rating on shares of this firm in its research note. Goldman Sachs also did the same on November 23. On November 24, UBS AG lifted shares of DDIAF from neutral to a buy rating in its research report. However, Zacks Investment Research cut the shares from a strong buy rating to a hold rating in its research report on October 26. Overall, DDIAF has scored one sell rating, four hold ratings and seven buy ratings from the investment analysts.
The manufacturer has about $90.98 billion of market capitalization and Profit to earning (P/E) ratio of 10.76. Last financial year, the company's stock prices have witnessed lowest price of $70.58 and highest of $101.65. The company announced their quarterly earnings on October 22 and reported earnings per share (EPS) as $2.52, which was $0.50 more than what analysts estimated. In addition to this, equities research analysts foresee EPS of $8.01 for the current year.
Daimler AG is a German based automobile manufacturing company. It manufactures and distributes wide range of automobile products and also manages the Daimler Group. The firm also provides financial and other assistance to its automotive business.
See Also:
Daimler Starts New Plant and Expands Truck Range to Heavy Duty
